During Rio Oil & Gas, Andres Opedal Stated That Equinor Is Still Focused on Oil and Gas Assets and Wants to Invest in Renewables to Zero Out Its Pollutant Emissions
Yesterday, during Rio Oil & Gas, Equinor’s president, Andres Opedal, stated that the company will continue to focus on oil and gas assets, but also has an interest in expanding renewables, as the multinational aims to zero out its pollutant emissions.
Check Out Other News of the Day:
- Vestas Receives Order for 534 MW to Expand the Casa dos Ventos Wind Farm and Make It the Largest Wind Energy Project in Latin America
- Aveva Announces Signing of Agreement with Shell to Accelerate Digital Transformation Strategy with Cloud Software Solutions Deployment
- Petrobras President States That Despite Delays, the Oil Company Will Finalize Sale of the Remaining 08 Refineries
The multinational is one of the largest companies in the sector and is increasingly seeking to diversify its portfolio. The CEO also claims that one of Equinor’s major goals is to become one of the leaders in the energy transition. Andres Opedal stated that it is still too early to guarantee progress in the search for renewable energy project plans. The type of project is still under study.
-
Oil sees sharp drop after rumors of a deal between the United States and Iran raise hopes for an end to the war in the Middle East.
-
Brazil’s oil production soars and hits an all-time high for the second consecutive month, driven by the pre-salt and the advancement of energy sector giants.
-
Oil price falls even with Trump’s threats to Iran and rising geopolitical tensions in the Middle East impacting global market expectations.
-
China discovers more than 200 new oil and gas fields in the last five years
Recently, the multinational and Petrobras signed a memorandum of understanding to develop a renewable energy initiative based on the business models of both companies.
About Equinor:
Equinor is an international energy company with a proud history; 20,000 dedicated workers are working every day to develop energy from oil, gas, wind, and solar. Driven to provide energy to the world safely and sustainably, they are building a global business based on their values and the energy needs of the future.
The Norwegian company has a diversified oil and gas portfolio in the country, with licenses at different stages – exploration, development, and production – in the Campos, Santos, and Espírito Santo basins. It is considered the largest international company in terms of production volume, averaging approximately 100,000 barrels of oil per day.

Be the first to react!